Oman Air and Qatar Airways in codeshare do Doha

Dec 18, 2012 (LBO) – Oman Air has inked a code share deal with Qatar Airways allowing its customers to book flights from any of 42 points within its network to Doha, the capital of Qatar. “This codeshare will make travel within the Gulf region easier, effectively extending Oman Air’s network,” Wayne Pearce, chief executive […]

Sri Lanka flood, landslide toll rises

Dec 18, 2012 (LBO) – Flooding and landslides have killed at least nine people and left thousands homeless, Sri Lanka’s disaster management office said as heavy rains continued to lash parts of the island. Sri Lanka’s Disaster Management Centre said eight people had died in Matale and one is Kandy in central Sri Lanka and […]

Sri Lanka reaches annual target with Polish tourist

Dec 18, 2012 (LBO) – Sri Lanka has reached an annual target of 950,000 for 2012 with the arrival of Agata Dziekn from Poland on December 18, the state tourism promotion office said. In November 2012 arrivals rose 20 percent from a year earlier to 109,202, the tourism office said. Dziekn, a graphic designer was […]

” after reaching $4,000 per capita income: Central Banker

Dec 17, 2012 (LBO) – Sri Lanka should be careful to have suitable policies to allow economic growth to take off after reaching a target of 4,000 US dollar per person income in 2016, a senior central banker has said. Assistant Governor C P J Siriwardene told a forum of bankers that Sri Lanka was […]

Australia to boost Sri Lanka ties to stop boatpeople

SYDNEY, Dec 17, 2012 (AFP) – Australia announced Monday plans to boost intelligence sharing with Sri Lanka to try to halt a wave of boatpeople that has seen thousands arrive illegally on its shores this year. Foreign Minister Bob Carr, who is in Colombo for a three-day visit, said he would discuss the idea during […]

Sri Lanka in an emerging world order: lecture by Razeen Sally

Dec 17, 2012 (LBO) – Razeen Sally, association visiting professor of Lee Kuan Yew School of Public Policy will speak in Colombo on December 20, Sri Lanka’s Lakshman Kadirgamar Institute for International Relations and Strategic Studies said. He will speak on the ‘Emerging World Order and Sri Lanka’s Role, at the Kadirgamar Institute at Horton […]

Sri Lanka and Mongolia forex debt ratios high: Fitch Report

Dec 17, 2012 (LBO) – Foreign currency denominated debt is expected to fall as a ratio of current receipts in except for Sri Lanka and Mongolia, where it will remain high, Fitch Ratings said in a report which tracked 12 emerging Asian nations. If the central bank then sterilizes the forex interventions with fresh money […]

Tele Chief

Dec 17, 2012 (LBO) – Hutchison Asia Telecommunications Ltd, Hongkong has appointed Thirukumar Nadarasa a veteran in the group, as chief executive of Hutch Sri Lanka with immediate effect. He headed Sri Lanka’s operations from 2002 to 2007 when the network converted to the GSM standard and then moved to Vietnam. “I am pleased to […]

Official Menu

Dec 16, 2012 (AFP) – Sri Lanka on Sunday unveiled new guidelines encouraging devotees to donate low-sugar, healthier food to the country’s Buddhist monks after warnings that half of them risk developing diabetes. Sri Lanka’s monks eat food containing on average 12 teaspoons of sugar a day, but it should be reduced to a maximum […]

Sri Lanka credit to business up in Oct

Dec 17, 2012 (LBO) – Sri Lanka’s credit to private businesses rose 29.5 billion rupees to 2,324.4 billion rupees in October 2012 from a month earlier as loans to state enterprises fell by 17. 3 billion rupees to 254.6 billion rupees, official data shows. Dollar credit to private business, which fell from the equivalent of […]

Lawyer Resolution

Dec 16, 2012 (LBO) – Sri Lanka’s main lawyers association has asked President Mahinda Rajapaksa to reconsider an impeachment against the Chief Justice or ensure that a fair trial complying to rules of natural justice is followed. The Bar Association of Sri Lanka had adopted the resolution amid protests from those backing the administration with […]

Fair Trial

Dec 16, 2012 (LBO) – An association representing Sri Lanka’s judicial officers have called for an independent tribunal to probe impeachment charges against chief justice Shirani Bandaranayake to ensure a fair trial. The chief justice walked out of the proceedings saying she was insulted by members of a ruling party dominated parliamentary select committee (PSC) […]

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